seanmartin

seanmartin

Waiting for Price Discovery

Newport Beach, CA, May 6, 2025 — The Green Street Commercial Property Price Index® decreased 0.5% in April. Over the past twelve months, the all-property index has increased 4.3%. “It’s too early to say how much the events of the…

Property Pricing Essentially Unchanged in 1Q

Newport Beach, CA, April 4, 2025 — The Green Street Commercial Property Price Index® increased 0.3% in March. Over the past twelve months, the all-property index has increased 4.9%. “Property pricing has been stable this year, but the sell-off in…

In Search of Direction

The Green Street Commercial Property Price Index, which measures pricing of a broad swathe of Pan-European commercial properties, was stable in the first quarter of ’25, leaving overall pricing in-line with its pre-GFC peak. Industrial, residential, and data centre assets…

Property Pricing On Hold

Newport Beach, CA, March 6, 2025 — The Green Street Commercial Property Price Index® was unchanged in February. Over the past twelve months, the all-property index has increased 4.5%. “Property pricing hasn’t changed much recently,” said Peter Rothemund, Co-Head of…

Property Values Steady

Newport Beach, CA, February 6, 2025 — The Green Street Commercial Property Price Index® was essentially unchanged in January. Over the past twelve months, the all-property index has increased 4.5%. “Property prices were unchanged for a second month,” said Peter…

Property Values Up 5% in 2024

Newport Beach, CA, January 7, 2025 — The Green Street Commercial Property Price Index® was unchanged in December. The all-property index increased 4.8% last year. “Property prices increased about 5% last year,” said Peter Rothemund, Co-Head of Strategic Research at…

Humming And Hawing

The Green Street Commercial Property Price Index, which measures pricing of a broad swathe of Pan-European commercial properties, stalled by year end ’24 (+0.2% in 4Q), tempering its earlier steady upward path (+1.8% for the full calendar year). Amongst sectors,…

Strip Centers: A Promising Outlook

The narrative around brick & mortar retail has changed dramatically over the last few years, particularly relative to the outright negativity from the late 2010s. At the time, mounting concerns that ecommerce would quickly dominate the retail industry – compounded…

Property Values Up Almost 5% This Year

Newport Beach, CA, December 5, 2024 — The Green Street Commercial Property Price Index® increased 1.5% in November. The all-property index has increased 4.8% over the past twelve months. “It’s been a good year for property prices; overall, values have…

Canadian Retail Sector – Keep it Simple

Canadian macroeconomic expectations have deteriorated in the second half of 2024. Immigration policies are becoming more conservative, adding to uncertainty. Unemployment rates have lately jumped off as the private sector employment is in recession. In such context, personal income growth…